METLIFE COMPLETES SALE OF AUTO & HOME BUSINESS TO ZURICH INSURANCE GROUP SUBSIDIARY FARMERS GROUP, INC. (2024)

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METLIFE COMPLETES SALE OF AUTO & HOME BUSINESS TO ZURICH INSURANCE GROUP SUBSIDIARY FARMERS GROUP, INC.

The closure provides the Farmers brand significant opportunity to expand its customer reach with a truly national presence, grow its core property and casualty business and strengthen its position as one of the leading personal lines carriers in the United States.

All existing MetLife home and auto insurance policies are now completely handled by Farmers Insurance. All other types of MetLife coverage, such as health and life insurance, are still available from MetLife, though. MetLife was founded in 1868, and it has been completely public since 2000.

Why does MetLife no longer sell individual life insurance or annuities through in-person agents? We have separated part of our U.S. business from MetLife to become its own company, called Brighthouse Financial, Inc. As a separate company, Brighthouse Financial focuses on retail products for consumers.

Today, MetLife Insurance Company USA is Brighthouse Life Insurance Company, licensed in 49 states.

Can I check the status of my claim? Yes, you can. Once we receive the documents, you can call our customer service team at 1-800-638-5000 for updates. If you're filing as an individual beneficiary, we can also send you status updates via email or text if you selected one of these options when completing the claim kit.

Farmers Group, Inc. is a wholly owned subsidiary of Swiss-based Zurich Insurance Group. Los Angeles, California, U.S.

Important note: As of April 2021, The Farmers Insurance Group has acquired all MetLife auto and homeowners policies. MetLife Auto & Home is no longer affiliated with MetLife, Inc and policyholders will use Farmers services to manage their accounts.

MetLife traces its roots back to the foundation of the National Union Life and Limb Insurance Company in 1863, which provided wartime-related disability coverage for Civil War sailors and soldiers. In 1864, the company had written 17 life policies and 56 accident policies.

MetLife Stadium is owned by a joint venture between the National Football League's New York Giants and New York Jets, known as the MetLife Stadium Company, LLC.

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Metlife Customer Reviews

It scored 786 out of 1,000, just slightly above the industry average score of 774. Additionally, it receives fewer than the average number of complaints for a company of its size, according to the National Association of Insurance Commissioners (NAIC).

MetLife is not affiliated with any Fidelity Investments company. VIP refers to Variable Insurance Products. VIP Portfolios are available for investment only by the separate accounts of insurance companies. MetLife Growth and Guaranteed Income annuity (Policy Form Series No.

MetLife Group will pay $4.5 million to settle a lawsuit by former 401(k) plan participants who accused the company and plan fiduciaries of violating ERISA by putting proprietary investments in the plan lineup when similar, cheaper and better-performing investments were available in the marketplace.

You may surrender the policy for its cash surrender value during the lifetime of the insured. We will determine the cash surrender value as of the date we receive your request in writing. The policy will have no further value.

A life insurance policy, whether it's a term life or whole life policy, is your personal property. You can sell it just as you would anything else you own, but there are some things to consider.

This transaction will enable our U.S. Retail business to sharpen its focus on its core strength in product manufacturing while also providing a broader distribution network through the partnership with MassMutual.

In January 2016, MetLife announced that it would spin off its U.S. retail business, including individual life insurance and annuities for the retail market, in a separate company called Brighthouse Financial, which launched in March 2017.

Farmers Completes $3.94B Acquisition of MetLife Home and Auto Business.

(NYSE: MET) announced today that it has completed its acquisition of American Life Insurance Company (Alico) from American International Group, Inc. (AIG) for $16.2 billion.